Restrictive covenants, namely in the form of non-competition and non-solicitation agreements, are routinely deployed in M&A transactions, yet often overlooked by advisors as being useful tools for negotiating deal terms.
Recently, changes to partnership tax audit rules were added to Sections 6221 through 6241 of the Internal Revenue Code (“IRC”). These changes will allow the IRS to more easily audit and collect taxes from partnerships and LLCs. These new partnership audit rules are effective for taxable years beginning on or after January 1, 2018.
Whether you are starting a new business or growing your existing business, an Employee Handbook is a necessary document that every organization should have. The Employee Handbook outlines what is expected in regard to employee conduct, ethics, policies, and what the employee can expect from the company.